ANNOUNCED AS TEMPORARYYes
On July 28, 2017, the Ministry of Public Finance of Chile issued the Exempt Decree 242 establishing new applicable discounts on customs duties on sugar for a one-month period starting on August 1, 2017. The new law established different reductions on the ad valorem customs duties. The applicable discounts set were USD 39.55 per tonne of raw sugar; USD 153.41 per tonne for refined sugars qualified as Grade 1 or 2; and USD 85.10 per tonne for refined sugars qualified as Grade 3, 4 and other substandard. The previously applicable discounts were USD 72.53, USD 182.88 and USD 116.66 per tonne respectively.
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